The second is that the size of the team that you lead is not what is important, but it is rather the impact upon the company that you have for the organization. om ons te informeren over dit probleem. Allstate is widely known for the slogan 'You're in Good Hands with Allstate.'. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Enter your email address below to get our daily insider buying and selling report. That comes under the bucket too, where we are building new platforms and technologies to enable the business to move forward. High: Youve provided one already, can you give us some other examples of innovative ideas that have either been released or that you are working on? He is also on the board of 5 other companies. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. Data Year: Trend Analysis. This chart shows Suren Gupta's buying and selling at Allstate by year and by quarter. The first is made up of all of the work that needs to be done to simplify our environment and continuously improve the current environment that we are in. Under his leadership, real estate lending was re-engineered with new delivery capabilities that enabled the field sales force to serve customers more effectively with just-in-time information. Over the last 20 years, insiders at Allstate Corp have traded over $110,916,122 worth of Allstate Corp stock and bought 62,875 units worth $3,501,510 So we are hand-in-glove with our business partners in terms of making sure that we move the business forward. Domo vs Tableau: Which is the better BI solution? You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov That is the journey we are on. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses. The Run-off Property-Liability segment relates to property and casualty insurance policies with exposure to asbestos, environmental, and other claims. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Strategic Ventures is Allstate's corporate venture capital group, initiating investments and partnerships with innovative startups and emerging growth companies. WebSuren K. Gupta Age : 61 Public asset : 10,609,158 USD Linked companies : Zions Bancorporation, National Association Summary Suren K. Gupta is Executive VP-Technology & Global Operations at Allstate Insurance Co. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. Gupta also has held senior operations, sales, marketing and strategic development roles at INTELSAT, a groundbreaking satellite telecommunications company. Gupta: The organizational structure is focused around the lines of businesses. WebExecutive Compensation. In more than a decade at the company, he's brought innovative technology and business leadership to the enterprise. WebBase Salary: Your annualized base salary will be $525,000 and $20,192.31 will be paid bi-weekly. Disculpa Finally, he has the classic background that so many of the people profiled in the "Beyond CIO" series, with an engineering undergraduate degree, and an MBA. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Coronavirus Tips Working and Protection. He also serves on the Chicago Public Library Foundation Board and on the board of Pratham U.S.A., the American chapter for Pratham, which provides pre-school education to underprivileged children in India. Suren Gupta is 58, he's been the Executive Vice President and Chief Information Technology and Enterprise Services Officer of AIC of Allstate Corp since 2020. Location data not available. Get notified the next time Suren Gupta buys or sells Allstate stock. This is a BETA experience. I think we see that as people move in their career, they will need to have more broad experiences rather than narrow, especially to be able to lead organizations. Learn More about Suren Gupta's net worth. Please try again. CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. Exercised is the value of options exercised during the fiscal year. In addition, he makes $3,544,180 as Executive Vice President and Chief Information Technology and Enterprise Services Officer of AIC at Allstate Corp. Suren has made over 11 trades of the Allstate Corp stock since 2013, according to the Form 4 filled with the SEC. Allstate's insider roster includes John Dugenske (Insider), Suren Gupta (EVP), Harriet Harty (EVP), Susan Lees (EVP), Jesse Merten (Insider), Samuel Pilch (VP), John Pintozzi (CAO), Mark Prindiville (EVP), Mario Rizzo (CFO), Steven Shebik (Vice Chairman), Judith Sprieser (Director), Thomas Wilson (CEO), and Matthew Winter (President). envie um e-mail para This information is according to proxy statements filed for the fiscal year. In this role, he leads a global o rganization delivering innovative and transformational solutions Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. A number of those things are in the works right now. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. An organizations structure should lend itself to making those six areas become better, more efficient, and more effective. The most recent stock trade was executed by Robert Toohey on 5 April 2023, trading 2,429 units of ALL stock currently worth $281,181. To read the prior 18 articles, including interviews with Beyond CIOs from HP, Symantec, Aetna, American Express, T.D. Exercised is the value of options exercised during the fiscal year. He is directly responsible for technology that can be applied to the company's products and services. In this role, he leads a global organization delivering innovative and transformational solutions for Allstate's customers, agency owners and employees. Gupta is a member of the board of directors of Zions Bancorporation. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Se continui a visualizzare In his role leading the global technology organization, Gupta is responsible for bringing the technological vision and capabilities needed to drive the company's Transformative Growth Plan, which leverages the Allstate brand, people and technology to accelerate growth in its personal property-liability business. This net worth estimate does not reflect any other assets that Mr. Gupta may own. The estimated Net Worth of Suren Gupta is at least $26.5 Million dollars as of 3 January 2023. $0 was received in stock options, Gupta joined Allstate in 2011 and leads a global organization that includes technology, corporate venture capital, sourcing and procurement and administrative services. In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Username Password Need help logging in? ALLSTATE CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Of this total $0 was received as a salary, Gupta: I am really fascinated by the possibility by what creating knowledge and wisdom out of more data would entail for society in general. Previously, he was executive vice president and group chief information officer for consumer lending at Wells Fargo. WebMr. He spent time as Executive Vice President and Chief Information Officer for Consumer Lending at Wells Fargo, but he focused as much time on developing technologies that enhanced customer experience as he did on traditional IT. The shares were sold at an average price of $135.23, for a transaction totalling $8,473,106.11. In his new role, Suren will lead and oversee Allstates technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Si vous continuez voir ce Matt Carey, Home Depot The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. You may also find the annual proxy statement by going directly to the company's website. In 2019 he receivedan honorary degree of Doctor of Science from Ulster University in Northern Ireland for services to the economy of Northern Ireland, where Allstate is a major employer. para nos informar sobre o problema. WebSuren K. Gupta Age : 61 Public asset : 10,609,158 USD Linked companies : Zions Bancorporation, National Association Summary Suren K. Gupta is Executive VP-Technology & Global Operations at Allstate Insurance Co. If people are doing things that they think can be done in a better or different way, they can pull together a formal statement of the idea that will be brought to the Innovation Council, who can then decide to fund it. I would describe Drivewise on the mobile phone as a Capital I; it is something that is new in the market and is also innovative because of the way we attract customers to come and use that technology. Aydanos a proteger Glassdoor verificando que eres una persona real. The horizontal function is responsible for bringing consistency across those lines. Du kan ndra dina val nr som helst genom att klicka p lnkarna "Integritetspanel" p vra webbplatser och appar. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. The most recent insider tranaction occured on February, 22nd when CFO Jesse E Merten sold 29,451 shares worth more than $3,951,735.18. The other piece that is fascinating is the role that technology will play in the day-to-day life of every human being. WebSuren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Learn More on Allstate's active insiders. What is the salary of Suren Gupta? Total number of current Advisors and Board roles the person has, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. What is the salary of Suren Gupta? Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. message, please email We reserve the right to block IP addresses that submit excessive requests. That helps a great deal in terms of how we partner with our businesses in setting the stage for out of the box thinking for our products and services, and moving the company forward. This net worth estimate does not reflect any other assets that Mr. Gupta may own. Total compensation: $2.96 million, He left Best Buy after just nine months to join Symantec, but stayed long enough to qualify for this list. Suren Gupta is executive vice president, Allstate Technology & Strategic Ventures for Allstate Insurance Company. The Allstate Corp. engages in the property and casualty insurance business and the provision of protection solutions. $0 was awarded as stock In 2015, Gupta was named to the board of directors of Zions Bancorporation. He also received an MBA from George Mason University and a master's degree in computer engineering from West Virginia University. He also runs the company'sback-office operations. The chart on this page features a breakdown of the total annual pay for , During the last year, insiders at the insurance provider sold shares 3 times. ein Mensch und keine Maschine sind. The average Allstate hourly pay ranges from approximately $18 per hour for a Call Center Representative to $89 per hour for a Corporate Relations . The corporate mailing address for Mr. Gupta and other Allstate executives is 2775 SANDERS ROAD, NORTHBROOK IL, 60062. As at ALLSTATE CORP, made $0in total compensation. He is responsible for the company's information technology strategy, welcome to. One is to learn as much as you can in a current role that you have, dont worry about the next role. Of this total $0was received as a salary, $0was received as a bonus, $0was received in stock options, $0was awarded as stock and $0came from other types of and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). It operates through following business segments: Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property-Liability, and Corporate and Other. First and foremost, they need to be focused on operations and execution. Following the completion of the sale, the executive vice president now directly owns 132,183 shares of the company's stock, valued at $17,875,107.09. Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $10,774,931 and over the last 12 years he sold ALL stock worth over $11,130,421. You can see the complete history of Mr. Gupta stock trades at the bottom of the page. As at ALLSTATE CORP, made $0in total compensation. Data Year: Trend Analysis. Ameritrade, Marsh & McLennan, and Schneider National among others, please visit this link. WebSuren Guptas Post Suren Gupta 3y Report this post where Allstate employs more than 2,500 people. Aydanos a proteger Glassdoor y demustranos que eres una persona real. document.write(new Date().getFullYear()); Allstate Insurance Company. That was one of the incremental, innovative ideas we launched in the marketplace so that our pricing was a lot more precise in terms of how we price products and services. What was it about your role as CIO for Wells Fargo role that was critical to you advancing to where you are now? Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $10,774,931 and over the last 12 years he sold ALL stock worth over $11,130,421. How did you think to manage your career from an early stage? Learn More on Suren Gupta's trading history. President, Enterprise SolutionsAllstate Insurance Company. WebSuren K Gupta is Pres:Enterprise Solutions at Allstate Corp. See Suren K Gupta's compensation, career history, education, & memberships. Suren Gupta, Allstate Total compensation: $3.57 million, Among other innovations, Guptas teams have come up with DriveWise, which provides Allstate customers information about their driving habits and reveals how much they can save by improving upon them. Does this suggest that the traditional corporate hierarchy is something that will become more and more malleable? He is also the author ofWorld Class IT: Why Businesses Succeed When IT Triumphs. Prior to his tenure at Allstate, Suren served as Group Chief Information Officer and Executive for Wells Fargo, the American multinational banking and financial services holding company, where he was responsible for the re-engineering of the real estate lending divisions service delivery. welcome to. Great Lakes Companies With More Than 500 Employees, Insurance Companies With More Than 100 Employees, Finance Public Companies With More Than $500 in Revenue, Banking Companies With More Than $500 in Revenue, Banking Companies With More Than $100M in Revenue, Banking Companies With More Than $1M in Revenue (Top 10K), Great Lakes Public Companies With More Than $10M in Revenue, Banking Public Companies With More Than $1M in Revenue. Information on this page was last updated on 2/22/2023. Please declare your traffic by updating your user agent to include company specific information. TechnologyAdvice does not include all companies or all types of products available in the marketplace. High: Given your own background and the various functions you have been a part of over the years, have you taken a bit from each of those into the next position that you had along the way? If you think about that as the core business, there is a huge amount of change that we are going through both in terms of the services that we provide and the innovative products we are bringing to our customer base. His latest book,Implementing World Class IT Strategy, has just been released by Wiley Press/Jossey-Bass. How do you differentiate between those ideas that which you described? Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois on Sunday, Jan. 29, 2017. In 2015, he was named to the board of directors of Zions Bancorporation. $0 was received as a bonus, Where Agency Users and Employees access Allstate software and internal tools. enviando un correo electrnico a Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. . real person. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate . As at ALLSTATE CORP, made $0in total compensation. including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. All Rights Reserved Suren Gupta has not been actively trading shares of Allstate during the last ninety days. Innovation Blitz is a very structured event that we have where people from the across the enterprise participate. Subsequent increases in base salary, generally awarded on an annual basis, will be dependent on your and the companys performance. He also serves on the Chicago Public Library Foundation board and on the board of Pratham U.S.A., the American chapter for Pratham, which provides preschool education to underprivileged children in India. How do you parse your way through those various constituencies in order to develop a systematic way of driving ideas and innovation that serve those diverse groups? Learn More about Suren Gupta's net worth. to let us know you're having trouble. Total compensation: $3.48 million, Before Home Depot, Carey spent two decades at Wal-Mart, where he integrated Walmart.com, Samsclub.com and the companys grocery home delivery business in the U.K. Total compensation: $3.44 million, Has served former CIO stints for PeopleSoft, Oracle and Symantec. WebAllstate Login. Lamentamos pelo inconveniente. Gupta joined Allstate in 2011, bringing leadership, information technology, operations, product development and sales experience to Allstate. I think what is important in this whole scenario is connectivity and the creation of knowledge, then using of that knowledge to better the lives of people. per informarci del problema. Prior to his tenure at Allstate, Suren served as Group Chief Information Officer and Executive for Wells Fargo, the American multinational banking and financial services holding company, where he was responsible for the re-engineering of the real estate lending divisions service delivery. It now is the country's largest nongovernmental organization with activities in 21 states of India to provide education to millions of children who might otherwise work instead of attending school. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. Allstate. senior operations, sales, marketing and strategic development roles at INTELSAT, a telecommunications company, and at Thomson Corporation before leading technology and operations at GMAC. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. A big piece of the operations roleis also customer service and agency customer service. Things like our platform Drivewise where we provide incentives to our customers based on their driving records; well, we are the first company to launch something like that on the cell phone. WebSuren Gupta President, Enterprise Solutions Troy Hawkes Executive Vice President and General Manager, Allstate Property-Liability Sales and Distribution Guy Hill Executive Vice President, Product, Property-Liability Jess Merten Executive Vice President and Chief Financial Officer Julie Parsons WebSuren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. Matt Carey, Home Depot Property of TechnologyAdvice. (To listen to an unabridged podcast version of this interview, please visitthis link. Allstate. excuses voor het ongemak. His organization has won numerous awards, including the United Kingdom's highest honor for business success, the Queen's Award for Enterprise. There are three key buckets that we divide our work into across the enterprise. WebSuren Gupta is executive vice president of technology and strategic ventures and a member of the senior leadership team for Allstate Insurance Company, the second-largest personal lines insurer in the United States. Allstate can also be reached via phone at (847) 402-5000 and via email at [emailprotected] Learn More on Suren Gupta's contact information. CIO Insight is an ideal website for IT decision makers, systems integrators and administrators, and IT managers to stay informed about emerging technologies, software developments and trends in the IT security and management industry. As of 3 January 2023 he still owns at least 102,511 units of Allstate Corp stock. The estimated Net Worth of Suren Gupta is at least $25.4 Million dollars as of 3 January 2023. Hewas an entrepreneur, having co-founded astart upwireless Internet venture called Airclic. High: How does one submit those ideas? There are 6 executives at The Allstate getting paid more, with Thomas Wilson having the highest compensation of You have entered an invalid ZIP. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, EVP Technology, Strategic Ventures and International Operations. Best Supply Chain Certifications to Get in 2022, How Businesses Use Unstructured Data for Business Intelligence, Ultimate Machine Learning Certification Guide for 2022. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. WebExecutive Compensation. Gupta: There are two things I would say. Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. Om du vill anpassa dina val klickar du p Hantera integritetsinstllningar. Thank you for your interest in the U.S. Securities and Exchange Commission. Caso continue recebendo esta mensagem, Reference ID: 0.5d841402.1682964270.1c9b9e1. There are 6 executives at The Allstate getting paid more, with ThomasWilson having the highest compensation of $19,615,700. Username Password Need help logging in? Mr. Gupta owns over 20,241 units of Allstate Corp stock worth over $11,787,740 and over the last 12 years he sold ALL stock worth over $11,130,421. The estimated net worth of Suren Gupta is at least $15.30 million as of May 10th, 2021. In this role, he leads a global o rganization delivering innovative and transformational solutions Suren Gupta is Executive Vice President, Allstate Technology & Strategic Ventures for Allstate Insurance Company. As at ALLSTATE CORP, The fact that computing power would be ubiquitously available in your palm more so than it is today is such a fascinating concept to me. As an outsider, it sounds like that is really quite innovative. Of this total $0was received as a salary, $0was received as a bonus, $0was received in stock options, $0was awarded as stock and $0came from other types of What is the salary of Suren Gupta? welcome to. Als u dit bericht blijft zien, stuur dan een e-mail For more information, contact opendata@sec.gov. Mr. Gupta owns 132,183 shares of Allstate stock worth more than $15,301,504 as of May 1st. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de It is already playing a big role, but it gets exponentially better with time. Suren Gupta is President, Enterprise Solutions, leading Allstate's technology, international operations, real estate, corporate venture capital and sourcing and procurement solutions. If I rewind back to my life as I finished schooling as a graduate student in engineering, when I first started working in consulting I had the opportunity to learn many different aspects of running a business. The Sourcing and Procurement Solutions and Administration & Real Estate groups ensure that the company is leveraging its buying power and fostering great work environments. WebThe average Allstate salary ranges from approximately $37,231 per year for a Call Center Representative to $406,239 per year for a President. Learn More about Suren Gupta's net worth. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, Si continas viendo este mensaje, There is actually a committee that evaluates those ideas and decides if any should be formally funded, or they might come back and say they need more refinement. Learn More on Suren Gupta's contact information. Gupta: We have something called Small i innovation which is incremental, and then there is Capital I innovation which is something that is truly differentiating and completely new. Then the third bucket is all about creating innovative solutions that are longer term and allow the company to sustain itself.Obviously, technology plays a key role in all of those three key bucketsat the end of the day, there is nothing the company does without technology. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. For example, here-engineered the company'sreal estate lending with new delivery capabilities that enabled the field sales force, enabling them to servecustomers more effectively with just-in-time information. Most recently, Suren Gupta sold 62,657 shares of the business's stock in a transaction on Monday, May 10th. They sold a total of 176,962 shares worth more than $23,587,115.41. Former chief technology officer of CVS Health, Zulfi Jeevanjee, is the new executive vice president and chief information officer at Allstate .
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